PLI 2.0 after finalising details with mobile, IT firms; tech jobs to cross 1.5 cr: Ashwini Vaishnaw

The government is in discussions with mobile phone makers, IT firms and other electronics manufacturing companies for the next version of the production linked incentive scheme before getting approval from the Cabinet, Union Electronics and IT minister Ashwini Vaishnaw said.

In an interview with PTI, the minister said that the new budget reforms, including the ₹40,000-crore component scheme and AI data centre tax holiday, will propel employment generation across the electronics, AI, and GCC sectors significantly past the current level of over one crore jobs.

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